Boeing gets $921 mln order from Ireland's Avolon

ChristopherHinton

FARNBOROUGH, U.K. (MarketWatch) -- Irish aircraft leasing company Avolon said Tuesday it would purchase 12 Boeing Co.
BA, -0.40%
737-800 jetliners for about $921 million. The two-month old company is Boeing's newest customer and is tapping into the expected demand for single-aisle jets, as the global economy recovers and demand for air travel in Asia and the Middle East climbs. Deliveries of the 737 to Avolon are expected from 2012 to 2014. This week at the Farnborough Airshow, Boeing has announced more than $13 billion in new orders.

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